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guys don't involve in this coin it's scam
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Negative Report on Pi Network Introduction Pi Network emerged as an ambitious project aiming to provide a cryptocurrency that could be mined via mobile phones without the need for specialized mining equipment. However, over time, numerous issues and concerns have surfaced regarding the project's legitimacy and economic viability, raising doubts about whether it is a practical venture or merely a scam. Problems and Drawbacks Lack of a Real Blockchain Despite claims of creating a cryptocurrency, there is no solid evidence that Pi Network operates on an independent blockchain. Instead, its operations rely on centralized servers, contradicting the core principle of decentralization in cryptocurrencies. Not Listed on Major Exchanges Since its launch, users have been promised that Pi would be listed on major cryptocurrency exchanges. However, to this day, it has not been officially listed on any reputable exchange, making it difficult to trade or convert into real money. Lack of Transparency About the Team and Project While the project does mention its founders, there is little verifiable information about the actual development of its technical infrastructure. Additionally, the team has not provided a clear roadmap ensuring the project's long-term success. No Real-World Use Cases The project has failed to present any significant use cases or partnerships with reputable businesses, rendering the currency practically useless in the digital economy. Wasting Users’ Time and Exploiting Their Data The app requires users to log in daily to "mine" Pi, but there are no guarantees regarding data privacy or whether their efforts will yield tangible benefits in the future Despite its widespread promotion, Pi Network lacks a real blockchain, suffers from a lack of transparency, and has yet to be listed on trustworthy exchanges, making it more of a speculative project—or even a potential scam. Until the project proves its legitimacy with clear evidence, investors and users should approach it with extreme caution.
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Pi core team don't have agreement with binance and will never list in binance platform because binance want part of these coins to in its reserve to be albe to control it
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Yes,that's correct.It will be impossible before 2030However,there's a major alert regarding the need to secure the blockchain & banking systems when it happens in the future.
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Quantum Computers Could Break Bitcoin and Banks by 2025-2029 Yes, in theory, a sufficiently powerful quantum computer could break Bitcoin’s blockchain, but not easily and not yet. Here’s why: Breaking ECDSA: Bitcoin relies on the Elliptic Curve Digital Signature Algorithm (ECDSA) for securing transactions. A quantum computer using Shor’s algorithm could break ECDSA by quickly deriving private keys from public keys, allowing an attacker to forge transactions. Mining Threat: Bitcoin mining relies on SHA-256, which is resistant to quantum attacks for now. However, Grover’s algorithm could speed up brute-force attacks, making mining more efficient for quantum machines. But classical mining would still be competitive until quantum hardware scales massively. Real-World Feasibility: The largest quantum computers today have around 1,000 qubits, while breaking Bitcoin’s cryptography would require millions of stable, error-corrected qubits—something that’s still far from reality. How Bitcoin Can Defend Itself Quantum-Resistant Cryptography: Developers are already exploring post-quantum cryptographic algorithms to upgrade Bitcoin’s security before quantum computers become a real threat. Wallet Best Practices: If you use a new address for every transaction (as Bitcoin best practices suggest), your public key is never exposed until you spend funds, reducing risk. So, while quantum computing is a future concern, Bitcoin isn’t immediately at risk. The crypto community is already working on quantum-proofing strategies.
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